TRON Finally Crosses 5 Billion Market Cap
The cryptocurrency world has continued to sizzle over the past two weeks. During the last two weeks of 2017, Bitcoin slightly recovered from a dip from 12,000 US dollars and ending the year strong at almost 15,000 US dollars.
However, what is truly impressive is that the lesser known cryptocurrency entered the year with a bang after it has crossed the five billion dollars market cap and surged by 50% on January 1, 2018.
According to CMC daily trading volume, #TRON ranks top 6 crypto currency. We will learn more from the pioneers like #bitcoin #ethereum #Ripple #BitcoinCash and achieve our web 4.0 dreams. #TRX $TRX pic.twitter.com/wAtI7Fcddy
— Justin Sun (@justinsuntron) January 2, 2018
This makes TRX the biggest jumper in the last week.
While it may not be as popular as its big cousins such as Bitcoin and Ethereum, TRON (TRX) has also unique features on its own.
- TRON’s main goal is to ‘heal the Internet’.
The developer of TRX aims to construct a global free content entertainment system using Blockchain technology. The protocol is designed to allow users to have the liberty to create, publish, store, and distribute data while giving them full rights and control over their content.
TRON’s founder and CEO Justin Sun also happen to be the man behind China’s largest audio content community called the Peiwo APP. He also served as the Ripple’s chief representative for the Greater China Region when the firm was still in its infancy.
His plan is to position TRON as a novel form of distributed economy in the world of digital entertainment. With TRON’s increasing value in the past few days, it is not surprising if many would start exploring the idea of investing more in this cryptocurrency.